Ajay Agrawal’s Followers (744)
Ajay Agrawal
Born
Vancouver, Canada
Website
Twitter
Genre
More books by Ajay Agrawal…
“We are narrow thinkers, we are noisy thinkers, and it is very easy to improve upon us.”
― Prediction Machines: The Simple Economics of Artificial Intelligence
― Prediction Machines: The Simple Economics of Artificial Intelligence
“Prediction Machines is not a recipe for success in the AI economy. Instead, we emphasize trade-offs. More data means less privacy. More speed means less accuracy. More autonomy means less control.”
― Prediction Machines: The Simple Economics of Artificial Intelligence
― Prediction Machines: The Simple Economics of Artificial Intelligence
“Having better prediction raises the value of judgment. After all, it doesn’t help to know the likelihood of rain if you don’t know how much you like staying dry or how much you hate carrying an umbrella. Prediction machines don’t provide judgment. Only humans do, because only humans can express the relative rewards from taking different actions. As AI takes over prediction, humans will do less of the combined prediction-judgment routine of decision making and focus more on the judgment role alone.”
― Prediction Machines: The Simple Economics of Artificial Intelligence
― Prediction Machines: The Simple Economics of Artificial Intelligence
Topics Mentioning This Author
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| The History Book ...: ECONOMICS | 30 | 139 | Jul 08, 2020 08:12PM |
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